We discussed some data on wage inequality and
income inequality. We looked at wage inequality trends from
Autor, Katz and Kearney. We discussed how to decompose wage inequality in a
component explained by a given factor (i.e. education) and residual. We looked
at some trends in the top income shares analyzed by
Piketty and Saez

Nov. 2. New classroom and meeting time: Tuesday
and Thursday 12.30-2.00 Heller 1275. No class on November 9

Nov 7. New Classroom Heller 969, same
meeting time. There will be only one class in which we will go back to 1275.

Nov. 28. No Class on Nov 30

Dec. 6. Next class, December 7 we'll meet in room
1275. All remaining classes, including the extra class, will be in 969. We will
have an extra class on Monday December 11, from 5.15-7.00 pm.

Jan 10. Problem set 3 is now on line. The
final requirement for the class is either problem set 3, or the research project
described in the syllabus (extra points if you do both!). The deadline for
handing those in is January 29. I will submit grades shortly after.